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Elbit Systems Reports Second Quarter Increase

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HAIFA, Israel, Aug. 5 -- Elbit Systems Ltd. said revenues for the second quarter ended June 30, 1999, were $104.0 million, compared with $100.3 million for the same period in 1998. Net income for the quarter was $7.3 million, or $0.28 per diluted share, compared with $6.8 million, or $0.25 per diluted share for the second quarter of the prior fiscal year. Gross profit for the quarter was $28.8 million versus $27.7 million for the same period in 1998. Revenues for the six months ended June 30, 1999 were $210.8 million, compared with $203.3 million for the same period last year. Net income...Read full article

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    Published: August 1999
    News & Features

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